ODDS ‘N’ SODS — The wild blue yonder
.BS.J. HUNTERI read in the obituary column the other day of the passing of Jack Magel, with whom I had more than a passing acquaintance.Jack was a pilot who served the mine projects of Canada Tungsten…
Articles by Northern Miner Staff
Moly demand holds steady
China continues to dominate the world supply of molybdenum, accounting for between 85 and 90% of annual world exports of ferromolybdenum. The country also accounts for 55% of molybdate and 15% of moly…
DIAMOND PAGE — Trivalence starts production
Junior producer Trivalence Mining (TMI-V) has cut the ribbon on a 14-ft.commercial pan plant at its 85%-owned Aredor diamond project in Guinea, West Africa.The plant has a rated processing capacity of…
Condor joins Caledonia in NWT
Condor International Resources (COD-V), a member of the Northair group of companies, can acquire up to a half-interest in the Kikerk diamond property of Caledonia Mining (CAL-T) near Coronation Gulf, …
STOCK MARKET — Western markets, mining index inch skyward — Investors still hot for NWT diamonds, interest in Voisey’s Bay exploration cools
The Vancouver Stock Exchange composite index gained 10.36 points, or 1.7%, to close at 637.31 over the report period ended April 7. The mining index rose as well, adding 14.76 points, or 3%, to close …
PRODUCER & DEALER PRICES (April 13, 1998)
Aluminium: LME settlements US$1,398, alloy US$1,287 per tonne (Apr. 7/98).Antimony: Representative mid-market US$1,600 per tonne (Apr. 7/98).Bismuth: Representative mid-market US$4.05 per lb. (Apr. 7/…
Nova Scotia base metals entice Regal Goldfields
The Cheticamp Highlands of Nova Scotia’s Cape Breton Island will be the focus of a forthcoming base metal exploration program by Regal Goldfields (REGL-C).The company plans to drill, in May, two of ei…
Yamana boosts gold resource at property in Papua New Guinea
A new geological model has enabled Yamana Resources (YRI-T) to increase the gold resource at the Gameta prospect on Fergusson Island in Papua New Guinea (PNG).Yamana Executive Vice-President Dick Walt…
Imperial, Sumitomo consider closing Mt. Polley
Low metal prices are forcing Imperial Metals (IMP-T) and Japanese partner Sumitomo to consider temporarily suspending operations at the Mt. Polley copper-gold mine at the end of July.Built for $115 mi…
Writedowns lead to loss for Golden Star
Writedowns of the carrying value of many of its properties have forced Golden Star Resources (GSC-T) to post a fourth-quarter loss.In all, Golden Star took charges totalling US$22.4 million against it…
Meetings (April 13, 1998)
Apr. 14, Denison MinesApr. 14, DiazApr. 14, Emerging Africa GoldApr. 14, KWGApr. 14, St GenevieveApr. 14, Sawtooth Int’lApr. 14, Sun Devil GoldApr. 15, Classic GoldApr. 15, Falcon PointApr. 15, Minco …
Metal Futures
Settlement prices for London Metal Exchange three-month contracts and spot metal, Apr. 7/98 (US$ per tonne):MetalCash Price3-Month Price…